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IFC - IFCA Technologies Limited - Successful conclusion of $100m equity facility

Release Date: 21/01/2011 14:15
Code(s): IFC
Wrap Text

IFC - IFCA Technologies Limited - Successful conclusion of $100m equity facility and new cautionary announcement IFCA TECHNOLOGIES LIMITED Incorporated in the Republic of South Africa) (Registration number 2006/030759/06) Share code: IFC ISIN: ZAE000088555 ("IFCA Tech" or "the company") SUCCESSFUL CONCLUSION OF $100M EQUITY FACILITY AND NEW CAUTIONARY ANNOUNCEMENT The Company has entered into negotiations in relation to several acquisitions and has also negotiated an equity facility for US$100 million. Further details of the potential acquisitions as well as full details of the term facility will be announced next week after the newly constituted Board has met. A more detailed announcement will be issued in due course. Shareholders are accordingly advised to exercise caution when dealing in the company`s securities until a full announcement has been made. Johannesburg 21 January 2011 Designated Advisor Arcay Moela Sponsors (Proprietary) Limited Date: 21/01/2011 14:15:02 Supplied by www.sharenet.co.za Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.

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